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Uranium market update, one of the biggest catalysts to date is about to be in place – Investment Watch

To say we had an interesting few weeks in the uranium sector would be a massive understatement. We have seen new geopolitical support for nuclear power and a massive new catalyst in the form of the newly formed Sprott Uranium Trust (more on that later). There was also a new version released of the Bear Traps Report, a popular type of newsletter that in the words of John Quakes is “send to thousands of Wall Street money managers”. It is also believed that the initial run up was sparked by the sharing of a similar Bear Traps Report article around November/December of last year, sparking the first leg up with institutional capital positioning in the sector. There is a lot happening beneath the surface and the coming few months will, in my view, prove to be significant.

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